Reuters logo
Priceline profit jumps 36 pct as hotel, car rental bookings rise
May 8, 2014 / 11:15 AM / in 4 years

Priceline profit jumps 36 pct as hotel, car rental bookings rise

May 8 (Reuters) - Priceline Group Inc, owner of the online travel agency known for its “name-your-own-price” services, reported a 36 percent rise in quarterly profit, as hotel and car rental bookings increased.

The company's net income rose to $331.2 million, or $6.25 per share, in the first quarter ended March 31 from $244.2 million, or $4.76 per share, a year earlier. (r.reuters.com/vyn29v)

Revenue rose 26 percent to $1.64 billion. (Reporting by Rohit T.K. in Bangalore; Editing by Kirti Pandey)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below